Japan refrains from escalating yen warnings as the currency nears 160 per dollar, signaling a strategic shift with implications for crypto and risk assets.

Japan spent a record $73.6 billion defending the yen, but USD/JPY keeps testing 160. A likely BOJ rate hike on June 16 raises intervention risks.

TOKYO, June 2 : Japanese financial authorities held back from stepping up verbal warnings on the yen on Tuesday even as it neared the key 160-per-dollar mark, a restraint analysts…

Japan refrains from escalating yen warnings as the currency nears 160 per dollar, signaling a strategic shift with implications for crypto and risk assets.

Uncertainty over US-Iran peace talks propels dollar-buying